GoI gives Rs 153.5 crore to 10 lakh users for embracing digital payments

GoI gives Rs 153.5 crore to 10 lakh users for embracing digital payments

SRINAGAR: The GoI on Tuesday said it has disbursed over Rs 153.5 crore as reward money to nearly 10 lakh users for promoting digital payments across the country under different schemes. In a statement issued by PIB, Maharashtra topped the list in embracing digital payments followed by Tamil Nadu, Uttar Pradesh, Andhra Pradesh and Delhi. […]

Gang printing fake currency notes busted in Jammu, 2 held

Gang printing fake currency notes busted in Jammu, 2 held

Jammu: Police on Saturday busted a gang involved in printing of fake currency and arrested two people, recovering fake banknotes with face value of nearly Rs four lakh in different denominations in Jammu region. Two persons have been arrested and Rs 3.98 lakh in fake currency has been recovered from them apart from a printer […]

Demonetisation ‘biggest scam of 2016’: Chidambaram

Demonetisation ‘biggest scam of 2016’: Chidambaram

Mumbai: Terming demonetisation as the “biggest scam of 2016”, former Finance Minister P Chidambaram has said the country is likely to grow by 6-6.5 per cent in 2016-17, much lower than what have been predicted by the CSO and RBI, due to the impact of note ban. Notably, the Central Statistical Organisation (CSO) has predicted […]

Niti Aayog will now rank states on basis of digital transactions

Niti Aayog will now rank states on basis of digital transactions

NEW DELHI: To foster competition among states, the government’s think tank Niti Aayog has decided to rank states and Union Territories on the basis of digital transactions, Parliament was informed on Wednesday. “It has been decided by Niti Aayog to rank the states/UTs on the basis of digital transactions. Details of the parameters are being […]

JKSCB launches PoS services: 2000 terminals to be installed by March end

JKSCB launches PoS services: 2000 terminals to be installed by March end

SRINAGAR: In its bid to move towards cashless banking, the Jammu and Kashmir State Cooperative Bank has launched PoS (Point of Sale) services for its customers, thus becoming the first co-operative bank in the state to launch the said service. In a statement issued by the bank the move will boost cashless banking besides, merchant […]

IT department asks taxpayers to e-verify deposits post note ban

IT department asks taxpayers to e-verify deposits post note ban

NEW DELHI: The Income Tax department has asked taxpayers to verify online the deposits they have made in their accounts post demonetisation and respond to queries of any mismatch. The department is using data analytics for comparison of deposits made after the November 8 decision to scrap high-value banknotes with information in its database to […]

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